KSE-100 Index edge up by 581.16 points amid positive sentiments.

 
FREE EXCERPT

KARACHI -- The Pakistan Stock Exchange (PSX) on Thursday witnessed fresh hefty gains with the benchmark KSE-100 Share Index ascending by 581.16 points or 1.44 percent and rising to 40,909.48 points. After yesterday's Christmas holiday, the market opened with 40,370.08 points amid positive sentiments among traders. On Tuesday, the Index plunged to intraday low by 504 points, before recovering to 40,354.33 points, and then closed at 40,328.32 points with a positive change of 320.03 points as compared to Monday's 40,008.29.

Earlier, analysts were of the view that one of the important factors which added more turbulence towards the red index was Indian and Pakistani troops exchanging fire in some areas along the restive...

To continue reading

REQUEST YOUR TRIAL